gevko: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
gevko
Largest movements
- Tangible fixed assets -€6,987
down €6,987 (-43.5%), from €16,078 to €9,091
of which Furniture and vehicles: -€6,612
- Receivables within one year -€2,277
down €2,277 (-18.2%), from €12,541 to €10,264
of which Trade receivables: -€1,209
- Tax, wage and social debts -€6,052
down €6,052 (-82.7%), from €7,317 to €1,265
of which Remuneration and social security: -€3,500
- Profit (loss) carried forward +€2,689
up €2,689 (+145%), from €1,859 to €4,547
- Debts after one year -€2,648
no longer reported in 2025 (was €2,648)
- Current portion of long-term debt -€2,466
down €2,466 (-48.2%), from €5,114 to €2,648
- Trade debts -€1,368
down €1,368 (-58.5%), from €2,336 to €968
- Other operating charges -€11,421
down €11,421 (-94.6%), from €12,069 to €648
- Gross operating margin -€10,784
down €10,784 (-47.7%), from €22,586 to €11,802
- Financial charges -€292
down €292 (-41.9%), from €696 to €404
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,266 | €27,112 | -€9,155 | -25.2% |
| Fixed assets | 21/28 | €17,078 | €10,091 | -€6,987 | -40.9% |
| Tangible fixed assets | 22/27 | €16,078 | €9,091 | -€6,987 | -43.5% |
| Plant, machinery and equipment | 23 | €531 | €156 | -€375 | -70.6% |
| Furniture and vehicles | 24 | €15,547 | €8,935 | -€6,612 | -42.5% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €19,188 | €17,020 | -€2,168 | -11.3% |
| Amounts receivable within one year | 40/41 | €12,541 | €10,264 | -€2,277 | -18.2% |
| Trade receivables | 40 | €10,106 | €8,897 | -€1,209 | -12.0% |
| Other amounts receivable | 41 | €2,435 | €1,367 | -€1,068 | -43.9% |
| Cash at bank and in hand | 54/58 | €6,647 | €6,683 | +€36 | +0.5% |
| Deferred charges and accrued income | 490/1 | - | €74 | +€74 | |
| Total equity and liabilities | 10/49 | €36,266 | €27,112 | -€9,155 | -25.2% |
| Equity | 10/15 | €15,140 | €17,828 | +€2,689 | +17.8% |
| Contributions | 10/11 | €13,281 | €13,281 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,859 | €4,547 | +€2,689 | +145% |
| Amounts payable | 17/49 | €21,126 | €9,283 | -€11,843 | -56.1% |
| Amounts payable after more than one year | 17 | €2,648 | - | -€2,648 | |
| Financial debts | 170/4 | €2,648 | - | -€2,648 | |
| Amounts payable within one year | 42/48 | €18,079 | €9,283 | -€8,796 | -48.7% |
| Current portion of amounts payable after more than one year | 42 | €5,114 | €2,648 | -€2,466 | -48.2% |
| Trade debts | 44 | €2,336 | €968 | -€1,368 | -58.5% |
| Suppliers | 440/4 | €2,336 | €968 | -€1,368 | -58.5% |
| Taxes, remuneration and social security | 45 | €7,317 | €1,265 | -€6,052 | -82.7% |
| Taxes | 450/3 | €3,817 | €1,265 | -€2,552 | -66.9% |
| Remuneration and social security | 454/9 | €3,500 | - | -€3,500 | |
| Other amounts payable | 47/48 | €3,312 | €4,402 | +€1,090 | +32.9% |
| Accrued charges and deferred income | 492/3 | €399 | - | -€399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,987 | €6,987 | = | 0.0% |
| Other operating charges | 640/8 | €12,069 | €648 | -€11,421 | -94.6% |
| Gross operating margin | 9900 | €22,586 | €11,802 | -€10,784 | -47.7% |
| Operating profit (loss) | 9901 | €3,531 | €4,167 | +€637 | +18.0% |
| Financial income | 75/76B | €89 | €0 | -€89 | -100.0% |
| Recurring financial income | 75 | €89 | €0 | -€89 | -100.0% |
| Financial charges | 65/66B | €696 | €404 | -€292 | -41.9% |
| Recurring financial charges | 65 | €696 | €404 | -€292 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | €2,924 | €3,763 | +€839 | +28.7% |
| Income taxes | 67/77 | €1,065 | €1,074 | +€10 | +0.9% |
| Profit (loss) for the period | 9904 | €1,859 | €2,689 | +€830 | +44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,859 | €2,689 | +€830 | +44.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.